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NPD Group
Tweens Prefer iTunes To P2P
We're not sure we believe it, but a new study by the NPD Group claims that purchasing music from Apple’s iTunes Store is more popular with tweens (kids 9-to 14) than "illegally" downloading music. The report says 70% of tweens now use legal services with iTunes grabbing 49%, Limewire still commands 26% and MySpace is used by 16%.
Wii Top Seller For January
By Mike Sachoff
Research firm the NPD Group has released its U.S. retail sales figures for January 2008.
Software sales for the month were up by 11 percent to $611 million, hardware sales dropped by a quarter to $378 million. Overall the industry was down 6 percent for the month managing to reach $1.18 billion compared to January 2007 sales of $1.25 billion.
Game Sales Reach $9.5 Billion
By Mike Sachoff
Computer and video game software sales reached $9.5 billion in 2007, a 28 percent increase over the previous year and set a new record according to the NPD Group and announced by the Entertainment Software Association (ESA). Halo 3 was the best selling title of 2007 bringing in $170 million in revenue its first day of sales.
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